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<br />ARDEN HILLS CAPITAL IMPROVEMENTS PROGRAM FIVE YEAR SUMMARY 2007-2012- DRAFT
<br />REVISION DATE: January 12,2007
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<br />Project Description
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<br />Funding Source
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<br /> Total Project Cost P'R Special Revenue General fund EqulplBldg Public saf:Y4l MnOOT State-Aid Utili Funds 3 Comments
<br /> Fund Park Fund (4) (1) Replacement Capital Fund 4 Coop. Agreement Funds (2) EOA T1F #2 RL Storm Water Water Sanitary
<br />I Techllolo IOfficeE ui ment $ 10000 $ 10,000
<br /> Assessment Pa J Ellte rise Fund ContrJMnDOT State Aid estimated $ 1883884 $ 650000 $ 22,750 $ 184862 $ 190076 $ 20,200 $ 165996 $ JOOOOO $ 175000 $ 175,000
<br />I Totalsfor2011 $ (184,647) $ 474,000 $ 22,750 $ 125,000 $ f10,000) $ 153,931 $ $ 190,076 $ 10,200 $ 165,996 $ 250,000 $ 175,000 $ (90,600
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<br /> ..-.. u
<br /> 2012Sealcoat $ 92,000 $ 92000
<br /> Re lace 2002 F450 One Ton Wdum fPJow/Sanderll302 $ 64000 $ 64000
<br /> Lexin ton Avenue Trail resurfacin S 50,000 $ 50,000
<br /> Gatewa Si ns Cleveland/CoRdD, Lexin ton/96, Ius 2-3 additional I $ 10000 $ 10,1l00
<br /> UFO E ui ment and Station Ca ital $ 174011 $ 174011
<br /> Technol /OfficeE ui ment $ 10000 $ 10,000
<br /> R lace 1997 ToroWorkman WfS ra erll410 $ 17000 $ 17000
<br /> Re lace 1997 Dum Truck WfPlow(Win Plow/Sander #101 $ 151l,Illlll $ 150000
<br /> Re lace1997StreetSwee erll11l5 $ 130000 $ 1311000
<br /> Re lace 2000 Backhoe #204 $ 85,000 $ 85000
<br /> AssessmentPa JEnte rise Fund Contr MnOOT State Aid estimated $ 1643884 $ 410000 $ 2275lJ $ 184,862 $ 190076 $ 20200 $ 165,996 $ 300000 $ 175000 $ 175000
<br /> Totals for 2012 $ 1,045,873 $ 360,000 $ 22,750 S 92,000 $ (392,000) $ 10,851 $ $ 190,076 $ 10,200 $ 165,996 S 300,000 $ 175,000 $ 111,000
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<br /> FuturePr ects/Ac ulsltions
<br /> West Round Lake Road Reconstruction $ l1_700000 $ 750000 $ $ /200,000 $ 350000 $ 250000 $ 150,000 Potential to be Funded b Oevelo er
<br /> West Round Lake Trail $ (120000 $ (120000
<br /> UFO Station #1 $ 3250000 S 3250000
<br /> 2013 2013 PMP- Reconstruct Old Snellin Avo $ 2002000 $ 1128500 $ 1800,000 $ (67,SOO $ 3000 $ 3,000 $100,000 of State Aid to be a lied to Storm Sewer Costs
<br /> 2013 Coun Road 0 Trail $ 250,000 $ so 000 $ 200000
<br /> 2013 Reconstruct Lift Stations #1, 1111 #121113 $ 750000 $ $ 750,OlJO estcostforconsUins in 2013, 620K in 2006 $s ;ffdoneas2 ro', 11&13 first, 1&12 second
<br /> 2013 SCADA S stem Installation $ 200000 $ 25000 $ 175,000
<br /> 2013 South Water Tower Exterior Coating and Lo 0 $ 500,000) $ 500,000
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<br />Notes: 1. Assumed that $200,000 will be drawn from the general fund annually for street Improvements
<br />2.- State Aid Fund balance assumes annual disbursement from MnDOT of $190,076 based upon current levels over the past 10 years. Funds received from State Aid are applied to the General Fund or the Storm Water Fund, when applicable.
<br />3. Utility Enterprise fund balances assume a net operating surplus each year which is directed towards CIP projects. Enterprise fund balances do take into account the anticipated revenue from increased utility rates which were based upon the study. The
<br />Utility rates need to be re-examined or re-structured if we desire to have a higher fund balance than is currently projected. Alternatively, we either have to seek other revenue source or cut back on projects.
<br />Current Utility rate study goes through 2009. Rates for 2010, 2011, and 2012 are estimates only.
<br />4. Assumed operating transfers same as 2007 for revenue to these funds.
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<br />Additional comments:
<br />It should be noted that fund balance will and can change radically if the project costs change or the City falls short on revenue collection or spending more than anticipated on repairs.
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